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Is Tuniu Corp (TOUR) a Stock to Watch After Gaining 23.60% This Week?

Wednesday, November 30, 2022 11:25 AM | InvestorsObserver Analysts

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Is Tuniu Corp (TOUR) a Stock to Watch After Gaining 23.60% This Week?

Tuniu Corp (TOUR) stock is higher by 23.60% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
Tuniu Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TOUR!

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With TOUR Stock Today?

Tuniu Corp (TOUR) stock has risen 8.82% while the S&P 500 is down -0.18% as of 11:22 AM on Wednesday, Nov 30. TOUR is higher by $0.09 from the previous closing price of $1.01 on volume of 677,348 shares. Over the past year the S&P 500 has fallen -15.14% while TOUR is higher by 14.58%. TOUR lost -$0.27 per share in the over the last 12 months. To screen for more stocks like Tuniu Corp click here.

More About Tuniu Corp

Tuniu Corp is an online leisure travel company. The company is primarily engaged in the provision of travel-related services in the People's Republic of China. It offers a large selection of packaged tours, including organized tours and self-guided tours, as well as travel-related services for leisure travelers. The company's organized tours provide pre-arranged itineraries, transportation, accommodations, entertainment, meals, and tour guide services. Its self-guided tours consist of combinations of flights and hotel bookings and other optional add-ons. All the company's revenues are derived from within the People's Republic of China. Click Here to get the full Stock Report for Tuniu Corp stock.

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